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Instrument Details

ISIN: INE00MX07062

Face value

₹10,00,000

Coupon rate

11.35%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

High

Date of Issue

30 Jun 2020

Maturity Date

30 Jun 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SVATANTRA MICROFIN PRIVATE LIMITED 11.35 NCD 30JU23 FVRS10LAC
Svatantra Microfin Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE00MX07062, with a face value of ₹10,00,000 rs on 30Jun20 to raise 25 crores. The debt instrument is issued with a coupon rate of 11.35% and its interest is paid Semi Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 11.35% SECURED, LISTED, RATED, REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/06/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 09Jul20. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 26May20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA-
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Date Verified
09 Jun 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
30-Jun-20 : Your investment
₹56,75,000
30-Dec-20 : Interest
₹56,75,000
30-Jun-21 : Interest
₹56,75,000
30-Dec-21 : Interest
₹56,75,000
30-Jun-22 : Interest
₹56,75,000
30-Dec-22 : Interest
₹56,75,000
30-Jun-23 : Interest
₹13,40,50,000
30-Jun-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,40,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

11.35%

Returns

High

Bond Rating

AA-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE00MX07062 issued by Svatantra Microfin Private Limited

The instrument name of INE00MX07062 ISIN is SVATANTRA MICROFIN PRIVATE LIMITED 11.35 NCD 30JU23 FVRS10LAC.
The interest earned from INE00MX07062 bond issued by Svatantra Microfin Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE00MX07062 bond issued by Svatantra Microfin Private Limited has been assigned a credit rating of AA- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.35%, which determines the periodic interest payments made to bondholders.
The INE00MX07062 Debenture is issued by Svatantra Microfin Private Limited, a Private Sector company.
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